Trust and Resident Manager

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Assist in setting up trust structures and the client on-boarding process.
Maintain proper files of trust structures (electronically and physically) according to the internal policies and procedures and ensure data quality and up-to-date information in client database system.
Conduct periodic trust review of trust structures to ensure that they are being administered in accordance with company policies, jurisdiction and legal requirements.
Recognise and analyse complex legal and accounting issues, apply general legal and accounting principles to such issues and make informed decisions on how to proceed. These decisions are critical and usually affect transactions or customers and may result in profit or loss to the company, and affect the perception of clients.
Responding to requests from accounting and control departments for information and clarification about accounts or related administrative issues.
Identifying and highlighting issues or problems that could pose a risk to the company of financial loss or damage to the company’s reputation and franchise.
Identification and management of regulatory, risk and AML responsibilities.
Maintaining fiduciary documentary files according to guidelines and procedures so as to ensure that legal, fiduciary and record keeping responsibilities are performed and that there is evidence thereof.
Active management of the risk of error in the administration of increasingly complex and bespoke structures and more sophisticated regulatory requirements.
Preparation and presentation of onboarding and periodic reviews of trusts and companies to ensure that they are being administered in accordance with company policies, jurisdictional and legal requirements.
Understanding the basics of trust and corporate accounting in order to review and approve financial statements and to classify transactions accurately for accounting purposes.
Understanding the complexities of trust and company law and being able to recognise and analyse legal, fiduciary, risk and accounting issues, to apply relevant fiduciary, legal and accounting principles to such issues and to propose decisions or course of action to executive management.
Maintaining the profitability of the company through timely and accurate rendition, collection and reporting of fee billings and through identification of opportunities to charge activity fees.
Maintaining the security of clients and company information by ensuring that all original and sensitive documents are appropriately filed or vaulted in accordance with company policies and procedures.
Guide and coach junior members of the team in the day to day administration of trusts and companies.
In addition to your normal duties, you may be required to undertake other duties within your capacity from time to time as notified by the Company.
Qualifications:
A degree or professional qualification in Law, Business, Accounting and related background.
5+ years’ experience working in Trust, Banking, Securities or Legal, or at least 5+ years’ experience in a trust license company registered with Monetary Authority of Singapore (MAS).
Knowledge of fundamental trust law, company law and administrative practice.
Ability to identify and anticipate risks occurring in the daily operation and administration.
Analytical minded with strong problem-solving skills.
Seniority level
Seniority level Mid-Senior level
Employment type
Employment type Full-time
Job function
Job function Finance and Sales
Industries Think Tanks
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